Primare Corporation provided the following data for last months manufacturing operations.

Purchases of raw materials	$ 32,000
Indirect materials used in production	$ 4,960
Direct labor	$ 59,600
Manufacturing overhead applied to work in process	$ 88,700
Underapplied overhead	$ 4,040

Inventories	Beginning	Ending
Raw materials	$ 10,400	$ 19,900
Work in process	$ 54,100	$ 68,900
Finished goods	$ 33,700	$ 43,800

Required:

1. Prepare a schedule of cost of goods manufactured.
2. Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

\begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Primare Corporation } \\ \hline Schedule of Cost of Goods Sold \\ \hline \\ \hline \end{tabular}